Page 1748 - Markets News

Morgan Stanley sees emerging markets struggle in 2022 amid rich valuation

Despite downgrading India, the global research and brokerage house remains 'structurally bullish' on Indian equities and is looking for stock-level opportunities to hold exposure

Policybazaar IPO minted 70 millionaires, 350 crorepatis: Yashish Dahiya

In a Q&A, the Policybazaar Founder and Chairman talks about how his staff will gain from the listing, and what his parents feel about the IPO

Zomato, Sona BLW, Lodha's Macrotech may make it into FTSE index

As per IIFL Alternative Research estimates, Zomato will see inflows of $65 million, Sona $23 million and Lodha $19 million

Lodha launches Rs 4,000-cr QIP, fund raise will lead to 7.5% dilution

Close to 34 million new shares will be issued; BofA Securities, JP Morgan and Kotak Mahindra Capital are the investment banks handling the share sale

Bharat Bond ETF's third tranche to open for subscription on Dec 3

The subscription will be closed on December 9

Lock in interest rates for up to 40 years with G-Secs under new RBI scheme

But avoid taking interest-rate risk in these instruments which will now become easily accessible through the RBI's Retail Direct Scheme

Near-term volume, margin headwinds for Motherson Sumi

Supply disruptions have led to downward revision of earnings estimates for FY22

Market wrap: BSE Sensex, NSE Nifty end choppy day on a flat note

Sigachi Industries list at 253% premium, Policybazaar at 17% premium mover issue price

Policybazaar gains 23% on debut; Sigachi soars 3.7x

At the last closing price, Policybazaar parent PB Fintech was valued at Rs 54,000 crore. The company has raised Rs 3,750 crore in fresh capital in its IPO

Second and final call payment opens for RIL's Rs 53,124 cr rights issue

The holders of its partly-paid shares will have to pay Rs 628.5 by November 29

Labware maker Tarsons Products IPO subscribed 1.1x on Day-1

The offer consists of Rs 150 crore of fresh fund raise and an OFS of Rs 874 crore

Sensex, Nifty end on a flat note; ITC gains 2%, Tata Steel slips 3%

Debutants exhibited mixed outing on Day 1. PB Fintech was up 4.4 per cent, Sigachi Industries zoomed 270.5 per cent, while SJS Enterprises ended at a 5 per cent discount to issue price

Bank brokerages to continue reporting strong performance: Report

The domestic capital markets continue to remain on an upward trajectory after a strong performance in FY2021

Granules India, IOL Chemicals hit 52-week lows on weak Q2 results

IOL Chemicals slipped 10% to Rs 487, while Granules was down 8% to 285.80 on the BSE in intra-day trade

Aurum PropTech freezes at 20% upper circuit; stock up 70% thus far in Nov

Shares of Aurum PropTech, formerly known as Majesco, were locked in 20 per cent upper circuit at Rs 146.40

Tata Comm, Strides among 5 mid-, small-cap stocks that may fall up to 15%

Tata Communications has broken the 200-day moving average (DMA) suggesting weakness in the coming days.

Implementation of T+1 cycle to protect investors interest: Sebi chief

The stock exchanges announced that they will implement the T+1 settlement cycle in a phased manner starting February 25, with the bottom 100 stocks in terms of market value

Globus Spirits freezes at 5% lower circuit post September quarter results

The company reported lower capacity utilisation sequentially at 90% in Q2 on account of unplanned shutdown at Bihar facility

Rupee surges 12 paise to 74.33 against US dollar in early trade

The rupee surged 12 paise to 74.33 against the US dollar in opening trade on Monday as a firm trend in domestic equities and easing crude oil prices boosted investor sentiments.

PB Fintech shares list with over 17% premium over issue price of Rs 980

Shares of PB Fintech Ltd, which operates online insurance platform Policybazaar and Paisabazaar, listed with a premium of over 17 per cent against its issue price of Rs 980 on Monday.